Thursday, Jun 19, 07:50 GMT
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Live Sessions Schedule
MONTHLY WEBINAR − Part 1: Understanding The Creation Of Candles In Forex Trading
Expert: Sam Seiden
Start: Thu, Jun 19, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jun 19, 15:00 GMT | MONTHLY WEBINAR − Part 1: Understanding The Creation Of Candles In Forex Trading | Sam Seiden | WBN |  |
| Thu, Jun 19, 17:15 GMT | MONTHLY WEBINAR − Part 2: The Proper Forex Trading Plan − Components and Application  | Sam Seiden | WBN | |
| Fri, Jun 20, 10:00 GMT | Advanced APF Methods To Determine The Price Momentum | Sunil Mangwani | WBN |  |
| Fri, Jun 20, 11:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN |  |
Current Session: Europe
EUR/CHF
Daily Recommended Trades − The fall from 1.6190 has weakened short term momentum by E−Forex
The fall from 1.6190 has weakened short term momentum and suggested that the entire rise towards the downward trendline seen now into the 1.6170 zone could have been corrective in nature and we are going to see an extended decline towards recent lows into the 1.6025 zone. Current quote is 1.6097 @06:40 GMT
- Dan Blystone's Daily Briefing − Webinar
- The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Understanding The Exact Process Behind The Movement In Price Sam Seiden, Stocks, Futures, Forex and Options Trader Online Trading Academy
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Spot Forex Trades − FOMC in the next week battle by ForexSurvivor
Technical Trader Closing Brief − Another Negative Session, Current Downtrend Continues by The Technical Trader
Banks' Analysis
Daily Technical Analysis − EUR: Attempt longs at 1.5575/1.5550 by Mizuho Corporate Bank
Weekly Analysis
Weekly Technical Commentary by Mizuho Corporate Bank
Currency Performance
Currency Performance Report − Asia Session Performance by FXstreet.com
FX Analysts' Comments
Euro Faces Support and Resistance by Jerry Furst, Director Investors Education Network
[ Full Story ]FX' Signal
Forex Market Outlook on Minors/Crosses − Forex Market Outlook on Minors/Crosses by AceTrader
Currencies at a Glance
- EUR/USD
- Moves up towards second resistant level 1.5586
06/19/2008 07:00 GMT - GBP/USD
- Moves up towards first resistant level 1.9647
06/19/2008 07:00 GMT - USD/CHF
- Moves down below first support level 1.0321
06/19/2008 07:01 GMT - USD/JPY
- Moves down below first support level 107.58
06/19/2008 07:01 GMT
Charting the Market Movers
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
UK RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jun 19 | 08:30 | Retail Sales (YoY) | 4.1% | 4.2% |
| Jun 19 | 08:30 | Retail Sales (MoM) | -0.1% | -0.2% |
Friday Notes - UK: Retail sales to remain sluggish by HVB Group
Retail sales growth has so far been relatively resilient compared to the weak indications coming from different surveys of private outlays. Following a modest decline in April, we expect retail sales to have remained on a negative trajectory, declining 0.4% m−o−m in May.
[ Full Story ]Top Market Movers Review
Switzerland TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 19 | 06:15 | Trade Balance | 1.87B | 1.58B | 1.53B |
Swiss May trade surplus widens to 1.87 billion Swiss francs (Thomson Financial News)
Switzerland's trade surplus in May widened to 1.87 billion Swiss francs from 1.04 billion francs in the same month of last year, the Federal Customs Office said.
[ Full Story ]- Read the Trade Balance data at Swiss Federal Customs Administration [text in German]
- Swiss May watch exports 1.506 bln sfr, up 7.3 pct year−on−year UPDATE (Thomson Financial News)
- Swiss May trade surplus widens to 1.87 billion Swiss francs UPDATE (Thomson Financial News)
- Swiss May watch exports 1.506 bln sfr, up 7.3 pct year−on−year (Thomson Financial News)
Japan ALL INDUSTRY ACTIVITY INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 18 | 23:50 | All Industry Activity Index (MoM) | 0.8% | 0.4% | 0.5% |
Japan all−industries index rises 0.8 percent in April (Thomson Financial News)
Japan's all−industries index rose 0.8 percent in April from March, as gains in the services sector offset weak industrial output, the Ministry of Economy, Trade and Industry said on Thursday. The index, which covers a broad range of economic activity including spending in the services sector, rose 0.3 percent in March from February. The all−industries index rose 0.2 percent in April from a year earlier following a 1.0 percent fall in March.
[ Full Story ]- Read the All Industry Activity Index report at Japan Ministry of Economy, Trade and Industry
UK BOE'S GOVERNOR KING SPEECH
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 18 | 18:30 | BoE's Governor King Speech | - | - | - |
BOE's King: 2Q UK Economic Growth To Be Particularly Weak (Dow Jones)
Bank of England Governor Mervyn King on Wednesday warned that the months ahead won't be easy, with growth likely to be particularly soft this quarter, and house prices and consumer spending set to weaken in tandem. In a speech to bankers at the annual Mansion House dinner, King also welcomed reforms announced by U.K. Chancellor of the Exchequer Alistair Darling earlier in the evening that will give the central bank greater responsibilities in the maintenance of financial stability.
[ Full Story ]- Read the Governor Speech at Bank of England
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 19 | 01:30 | AU | RBA Foreign Exchange Transaction (May) | 336M | 305M | |
| 05:45 | CH | SECO Economic Forecasts (Jun) | ||||
| 06:15 | CH | Trade Balance (May) | 1.87B | 1.58B | 1.53B |
|
| 07:30 | CH | SNB Interest Rate Decision | 2.75% | 2.75% | 2.75% | |
| 08:30 | UK | M4 Money Supply (MoM) (May)  | 0.5% | 0.6% | ||
| 08:30 | UK | M4 Money Supply (YoY) (May) | 10.5% | 11.1% | ||
| 08:30 | UK | M4 Sterling Lending (May) | £18.7B | £46.1B | ||
| 08:30 | UK | Public Sector Net Borrowing (May) | £9.3B | -£0.5B | ||
| 08:30 | UK | Retail Sales (MoM) (May) | -0.1% | -0.2% | ||
| 08:30 | UK | Retail Sales (YoY) (May) | 4.1% | 4.2% | ||